July 24, 2018
Foreclosure starts just plummeted in June to their lowest level in 17 years, according to the latest report from Black Knight. Foreclosure starts dropped 3.1% from May […]
July 17, 2018
July 17, 2018
Foreclosures in the first half of 2018 are far below their peak of 1.6 million in 2010, but 40% of local markets showed an uptick in […]
July 13, 2018
July 13, 2018
The U.S. Supreme Court agreed to decide whether thousands of borrowers can invoke a federal debt-collection law when they are facing foreclosure. The justices said they will […]
July 12, 2018
The share of median income needed for monthly mortgage payments on the median U.S. home increased to 17.1%, which is the largest share of income since […]
July 11, 2018
July 11, 2018
Small business loan approval rates for big banks (25.9%) continued the upswing with yet another new high in May 2018, according to the Biz2Credit Small Business […]
July 10, 2018
July 10, 2018
Preliminary second-quarter data from the Federal Reserve indicate the year-over-year growth rate of business loans rose to 5.5% in late June from less than 1% near […]
July 9, 2018
July 9, 2018
As house values continued growing, homeowners with mortgages, accounting for 63% of all properties, saw their equity increase 13.3% year-over-year in the first quarter, a gain […]
July 6, 2018
July 6, 2018
The homeownership rate for adults age 25 to 34 was 37.5% in 2016, about three percentage points lower than the historical average for this demographic and […]
July 5, 2018
Commercial and multifamily mortgage debt outstanding grew $44.3 billion during the first three months of 2018, the largest first-quarter gain since before the Great Recession, according […]